Welcome to our dedicated page for Ceco Environmental news (Ticker: CECO), a resource for investors and traders seeking the latest updates and insights on Ceco Environmental stock.
CECO Environmental Corp. reports developments for an environmentally focused industrial company serving industrial air, industrial water and energy-transition markets. The company operates through Engineered Systems and Industrial Process Solutions, with products and configured systems such as dampers and diverters, selective catalytic reduction systems, cyclones, dust collectors, thermal oxidizers, filtration systems, scrubbers, water treatment packages and industrial silencers.
Recurring CECO news includes operating and financial results, management conference appearances, shareholder voting matters, governance updates, capital-structure disclosures and material agreements. Company updates also reference end markets including power generation, petrochemical processing, refining, midstream gas transport and treatment, electric vehicle and battery production, metals and mineral processing, polysilicon production, battery recycling, beverage can production, and produced or oily water and wastewater treatment.
CECO (Nasdaq: CECO) updated its full year 2026 outlook following the acquisition of Thermon, reflecting seven months of Thermon contribution. Integration is reported as on track, with early cost and growth synergies and a target of $40 million or more in cost synergies.
CECO expects 2026 revenue between $1.275 billion and $1.375 billion, about 20% higher year over year at the midpoint. Adjusted EBITDA is projected at $195–$225 million, about 25% higher at the midpoint, with free cash flow of at least 55% of Adjusted EBITDA.
CECO Environmental (Nasdaq: CECO) completed its previously announced strategic combination with Thermon Group Holdings, creating a larger diversified industrial technology company focused on environmental and process heating solutions.
The combined company keeps the CECO name, remains led by CEO Todd Gleason, and adds two former Thermon directors to the Board. Former Thermon shareholders received cash and/or CECO stock under the merger agreement. CECO will host a June 9 investor call to discuss integration and synergy plans.
CECO Environmental (Nasdaq: CECO) and Thermon Group (NYSE: THR) stockholders overwhelmingly approved their strategic combination, with about 99.93% of CECO and 99.97% of Thermon votes cast in favor.
The deal is expected to close on or around June 1, 2026, with Thermon holders able to receive cash, CECO stock, or mixed consideration, subject to proration per the merger agreement.
CECO Environmental (Nasdaq: CECO) and Thermon Group (NYSE: THR) set May 22, 2026, 5:00 p.m. CT as the election deadline for Thermon stockholders to choose merger consideration in CECO’s pending acquisition of Thermon.
Holders may elect stock, mixed stock-and-cash, or all-cash consideration, with certain options subject to proration. If no valid election is made, holders receive mixed consideration by default. Closing is expected on June 1, 2026, subject to shareholder approvals and customary conditions.
CECO Environmental (Nasdaq: CECO) will participate in three investor conferences in late May and June 2026. Management will present at the 23rd Annual Craig-Hallum on May 28, 2026 and at the Wells Fargo Industrials & Materials and East Coast IDEAS conferences on June 11, 2026. Presentations will be posted on the Investor Relations page at www.cecoenviro.com.
CECO Environmental (Nasdaq: CECO) reported Q1 2026 results with orders $449.5M (up 97%) and backlog $1,035.1M (up 72%). Q1 revenue was $205.9M, GAAP net loss $(0.4)M and non-GAAP net income $13.9M. Company raised 2026 guidance to $940M–$1.0B revenue and $120M–$140M adjusted EBITDA. CECO expects Thermon merger close in June 2026.
CECO Environmental (Nasdaq: CECO) will report Q1 2026 financial results on April 28, 2026 premarket and host an earnings call at 8:30 a.m. ET.
Financial results and the presentation will be posted at the company website and a live webcast will stream at the provided media-server link; a replay will be available after the webcast.
CECO (Nasdaq: CECO) and Thermon (NYSE: THR) will host a joint CEO fireside chat at the 38th Annual Roth Conference on March 23, 2026 at 4:00 PM PDT. The event will be webcast and available on each company’s Investor Relations website.
CECO Environmental (Nasdaq: CECO) raised its full-year 2026 orders outlook to greater than $1.5 billion, representing a >1.5 book-to-bill ratio and ~50% increase versus 2025. The company's sales pipeline now exceeds $6.5 billion. The previously announced Thermon acquisition remains on track to close in mid-2026, with a maximum cash payout of ~$330 million and expected run-rate cost synergies of $40 million by year three.
CECO Environmental (Nasdaq: CECO) announced management will participate in three investor conferences in March–April 2026. Dates: March 5, 2026 (Citadel SMID Cap), March 24, 2026 (38th Annual Roth), April 9, 2026 (Gabelli Waste & Environmental Symposium).
Presentations will be available on the company’s Investor Relations website for on-demand viewing.